Applied Digital reported a fiscal Q1 2027 earnings per share of -$0.01, beating estimates of -$0.30, with revenue soaring 322% year-over-year to $341.9 million. The company is expanding its AI data center capacity internationally, securing up to 1 gigawatt of power in Finland for a new campus expected to start in 2028. Despite past earnings misses and rising costs, this strong quarter highlights Applied Digital's growth potential in AI infrastructure. Near-term focus remains on U.S. developments while expanding globally.
Applied Digital's stock price is currently USD 24.42 on Pluang as of Oct 08, 2026 04:22 WIB. The share price has declined by 3.63% in the last day despite the strong quarterly earnings report. Market participants show balanced sentiment with 52% of order activity on Pluang being buys and 48% sells, reflecting cautious optimism about the company's future growth.
Applied Digital's stock fell 4% ahead of its quarterly earnings report despite announcing its first international power deal in Finland, which could provide up to 1 gigawatt of capacity starting in 2028. The decline also affected rivals IREN and Core...
Applied Digital's stock rose 3% following a new agreement securing access to up to 1 gigawatt of power capacity in Finland, marking its first data center development outside the U.S. This deal positions the company to expand internationally while lim...
Applied Digital is set to report a fiscal Q1 loss of $0.30 per share on $116.3 million revenue, reflecting ongoing investments in AI and high-performance data centers. The company has expanded its Polaris Forge 1 campus to 250 MW operational capacity...
Applied Digital announced it has brought an additional 75 megawatts of IT load online at its Polaris Forge 1 campus in North Dakota, marking a significant operational milestone. However, its stock fell 4%, along with peers IREN and Cipher Digital, am...
